Organic Acids Market by Type (Acetic Acid, Citric Acid, Formic Acid, Lactic Acid, Propionic Acid, Ascorbic Acid, Gluconic Acid, Fumaric Acid), Application (Food & Beverages, Feed, Pharmaceuticals, and Industrial), and Region - Global Forecast to 2022

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Date: 05-Jul-2017
No. of pages: 174
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“The organic acids market is projected to grow at a CAGR of5.48%”

The organic acids market is valued at USD 8.27 billion in 2016,and projected to grow at a CAGR of 5.48%, to reach USD 11.39 billion by 2022. The market is primarily driven by factors such as the wide use of organic acids in various applications such as plastic making, tanning, textiles, paper, metal, colors & dyes, lubricants, in food & beverage applications, and cosmetic manufacturing. One of the major restraints in the growth of the organic acids market is the price and availability of raw materials and infrastructural & technological barriers.

“Citric is projected to be the fastest-growing type segment in the organic acids market in 2016.”

Citric acid as a type of organic acid is projected to grow at the fastest rate for the forecasted period. The key manufacturers in the organic acids market offer citric acid for different industrial applications such as food, feed, textile, and pharmaceuticals. Citric acid is naturally sourced in many foods, especially fruits &vegetables; for example, oranges and lemons. Citric acid is used mainly in food and beverage products as it is the strongest edible acid as compared to other organic acids such as lactic and ascorbic acid. Citric acid is also used as a cleaning and chelating agent, as a water treating solvent, and in the cosmetics industry.

“Pharmaceutical is projected to be the fastest-growing application”

Based on application, the pharmaceutical segment is expected to be the fastest-growing during the forecasted period. Due to the new technologies and the rising health concerns related to antibiotic uses, organic acids have begun to form an integral part of nutraceutical and pharmaceutical applications.

“Asia-Pacific: High growth is expected in the organic acids market”

Asia-Pacific is projected to be the fastest-growing market for the period considered for this study, due to the increase in the functionalities of organic acids range from acting as a preservative, acidity regulator, antioxidant, flavor enhancer, coating, and in the production of biopolymers. The food & beverages market in the Asia-Pacific region is currently undergoing a significant transformation in response to rapid urbanization, and diet diversification.

Break-up of Primaries:


  • By Company Type: Tier 1 – 40%, Tier 2 – 40%,and Tier 3 – 20%

  • By Designation: Director Level – 20%, C Level – 40%, and Manager Level – 40%

  • By Region: North America –25%, Europe –25%, and Asia-Pacific – 50%


Leading players profiled in this report:


  • Cargill (U.S.)

  • BASF SE (Germany)

  • Dow Chemical Company (U.S.)

  • Henan Jindan Lactic Acid Technology Co. Ltd (China)

  • Archer Daniels Midland Company (U.S.)

  • Eastman Chemical Company (U.S.)

  • Corbion (Netherlands)

  • Myriant Corporation (U.S.)

  • Polynt-Reichhold (Italy)

  • Tate & Lyle (U.K.)

  • Koninklijke DSM N.V. (Netherlands)

  • E.I. Du Pont De Nemours & Company (U.S.)


Research Coverage:

The report segments the organic acids market on the basis of type, application, and region. In terms of insights, this research report has focused on various levels of analyses—competitive landscape, end- use analysis and company profiles, which together comprise and discuss the basic views on the emerging & high-growth segments of the organic acids market, high-growth regions, countries, government initiatives, drivers, restraints, opportunities, and challenges.

Reasons to buy this report:


  • To get a comprehensive overview of the organic acids markets

  • To gain wide ranging information about the top players in this industry, their product portfolios, and key strategies adopted by them

  • To gain insights about the major countries/regions in which The organic acids marketis flourishing.

Organic Acids Market by Type (Acetic Acid, Citric Acid, Formic Acid, Lactic Acid, Propionic Acid, Ascorbic Acid, Gluconic Acid, Fumaric Acid), Application (Food & Beverages, Feed, Pharmaceuticals, and Industrial), and Region - Global Forecast to 2022

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Markets Covered
1.4 Periodization
1.5 Currency
1.6 Units
1.7 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Macro Indicators
2.2.1 Introduction
2.2.2 Rising Population and Rapid Urbanization
2.2.2.1 Increasing Middle-Class Population
2.2.2.2 Developing Economies
2.2.2.3 Research & Development
2.3 Market Size Estimation
2.4 Market Breakdown & Data Triangulation
2.5 Assumptions and Limitations
2.5.1 Assumptions
2.5.2 Limitations

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in this Market
4.2 Organic Acids Market Size, By Region & Type
4.3 Asia-Pacific Organic Acids Market, By Country & Type
4.4 Life Cycle Analysis, By Region

5 Market Overview
5.1 Introduction
5.2 Market Segmentation
5.2.1 By Type
5.2.2 By Application
5.2.3 Source (Qualitative)
5.2.3.1 Biomass
5.2.3.2 Molasses
5.2.3.3 Starch
5.2.4 By Region
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Wide Use of Organic Acids in Various Applications
5.3.1.1.1 Growth in Demand for Convenience Food
5.3.1.2 R&D and Technological Innovations
5.3.1.2.1 Micro-Encapsulation
5.3.2 Restraints
5.3.2.1 Raw Material Price & Availability and Infrastructural & Technological Barriers
5.3.2.1.1 High Cost and Poor Supply Chain
5.3.3 Opportunities
5.3.3.1 Production of Organic Acids From Renewable Resources: Cost-Effective Method
5.3.3.2 Leniency in Regulatory Policy for Organic Acids
5.3.4 Challenges
5.3.4.1 Environmental Concerns

6 Organic Acids, By Type
6.1 Introduction
6.2 Acetic Acid
6.3 Citric Acid
6.4 Formic Acid
6.5 Lactic Acid
6.6 Propionic Acid
6.7 Ascorbic Acid
6.8 Gluconic Acid
6.9 Fumaric Acid
6.10 Malic Acid
6.11 Other Acids

7 Organic Acids Market, By Application
7.1 Introduction
7.2 Food & Beverages
7.3 Feed
7.4 Pharmaceuticals
7.5 Industrial

8 Organic Acids Market, By Region
8.1 Introduction
8.2 North America
8.2.1 U.S.
8.2.2 Canada
8.2.3 Mexico
8.3 South America
8.3.1 Brazil
8.3.2 Argentina
8.3.3 Rest of South America
8.4 Europe
8.4.1 Germany
8.4.2 France
8.4.3 U.K.
8.4.4 Rest of Europe
8.5 Asia-Pacific
8.5.1 China
8.5.2 India
8.5.3 Japan
8.5.4 Rest of Asia-Pacific
8.6 Rest of the World (RoW)
8.6.1 Africa
8.6.2 Middle East

9 Competitive Landscape
9.1 Introduction
9.2 Organic Acids (Global) Competitive Leadership Mapping, 2017
9.2.1 Visionary Leaders
9.2.2 Innovators
9.2.3 Dynamic Differentiators
9.2.4 Emerging Companies
9.3 Competitive Benchmarking
9.3.1 Strength of Product Portfolio
9.3.2 Business Strategy Excellence

Top 25 Companies Analyzed for This Study are - BASF SE (Germany), DOW Chemical Company (U.S.), Cargill, Inc. (U.S.), E.I. Du Pont De Nemours and Company (U.S.), Henan Jindan Lactic Acid Technology Co. Ltd (China), Archer Daniels Midland Company (U.S.), Eastman Chemical Company (U.S.), Myriant Corporation (U.S.), Addcon GmbH (Germany), Anpario PLC. (U.K), Corbion (Netherlands), Polynt-Reichhold (Italy), Koninklijke DSM N.V. (Netherlands), Celanese Corporation (U.S.), Nutreco N.V. (Netherlands), Perstorp Holding Ab (Sweden), Tate & Lyle (U.K.), Novozymes (Denmark), Bioamber Inc. (Canada), A.M Food Chemcial Co., Limited. (China), Biomin Holding GmbH (Austria), Macco Organiques Inc. (Canada), Yancheng Huade Biological Engineering Co., Ltd (China), Shanghai Jianbei Organic Chemical Co., Ltd (China), Daicel Corporation (Japan)

9.4 Ranking Analysis

10 Company Profiles
(Business Overview, Product Portfolio, Strength of Service Portfolio, Business Strategy Excellence, Recent Developments)*
10.1 Cargill
10.2 E. I. Dupont De Nemours and Company
10.3 BASF SE
10.4 The DOW Chemical Company
10.5 Henan Jindan Lactic Acid Technology Co. Ltd
10.6 Archer Daniels Midland Company
10.7 Eastman Chemical Company
10.8 Myriant Corporation
10.9 Corbion N.V.
10.10 Koninklijke DSM N.V.
10.11 Tate & Lyle
10.12 Polynt-Reichhold

*Details on Business Overview, Product Portfolio, Strength of Service Portfolio, Business Strategy Excellence, Recent Developments Might Not Be Captured in Case of Unlisted Companies.

11 Appendix
11.1 Discussion Guide
11.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
11.3 Introducing RT: Real-Time Market Intelligence
11.4 Available Customizations
11.5 Related Reports
11.6 Author Details

List of Tables

Table 1 Functions of Key Organic Acids
Table 2 Organic Acids Market Size, By Type, 2015-2022 (USD Million)
Table 3 Market Size, By Type, 2015-2022 (KT)
Table 4 Acetic Acid Market Size, By Region, 2015-2022 (USD Million)
Table 5 Acetic Acid Market Size, By Region, 2015-2022 (KT)
Table 6 Citric Acid Market Size, By Region,2015-2022 (USD Million)
Table 7 Citric Acid Market Size, By Region, 2015-2022 (KT)
Table 8 Formic Acid Market Size, By Region, 2015-2022 (USD Million)
Table 9 Formic Acid Market Size, By Region, 2015-2022 (KT)
Table 10 Lactic Acid Market Size, By Region, 2015-2022 (USD Million)
Table 11 Lactic Acid Market Size, By Region, 2015-2022 (KT)
Table 12 Propionic Acid Market Size, By Region, 2015-2022 (USD Million)
Table 13 Propionic Acid Market Size, By Region, 2015-2022 (KT)
Table 14 Ascorbic Acid Market Size, By Region, 2015-2022 (USD Million)
Table 15 Ascorbic Acid Market Size, By Region, 2015-2022 (KT)
Table 16 Gluconic Acid Market Size, By Region, 2015-2022 (USD Million)
Table 17 Gluconic Acid Market Size, By Region, 2015-2022 (KT)
Table 18 Fumaric Acid Market Size, By Region, 2015-2022 (USD Million)
Table 19 Fumaric Acid Market Size, By Region, 2015-2022 (KT)
Table 20 Malic Acid Market Size, By Region, 2015-2022 (USD Million)
Table 21 Malic Acid Market Size, By Region, 2015-2022 (KT)
Table 22 Other Acids Market Size, By Region, 2015-2022 (USD Million)
Table 23 Malic Acid Market Size, By Region, 2015-2022 (KT)
Table 24 Organic Acids Market Size, By Application, 2015–2022 (USD Million)
Table 25 Market Size, By Application, 2015–2022 (KT)
Table 26 Organic Acids Market Size in Food & Beverages, By Sub-Application, 2015–2022 (USD Million)
Table 27 Market Size in Food & Beverages, By Sub-Application, 2015–2022 (KT)
Table 28 Organic Acids Market Size in Food & Beverages, By Type, 2015–2022 (USD Million)
Table 29 Market Size in Food & Beverages, By Type, 2015–2022 (KT)
Table 30 Organic Acids Market Size in Bakery & Confectionery Products, By Type, 2015–2022 (USD Million)
Table 31 Market Size in Bakery & Confectionery Products, By Type, 2015–2022 (KT)
Table 32 Organic Acids Market Size in Beverages, By Type, 2015–2022 (USD Million)
Table 33 Market Size in Beverages, By Type, 2015–2022 (KT)
Table 34 Organic Acids Market Size in Dairy Products, By Type, 2015–2022 (USD Million)
Table 35 Market Size in Dairy Products, By Type, 2015–2022 (KT)
Table 36 Organic Acids Market Size in Meat & Meat Products, By Type, 2015–2022 (USD Million)
Table 37 Market Size in Meat & Meat Products, By Type, 2015–2022 (KT)
Table 38 Organic Acids Market Size in Other Food & Beverage Applications, By Type, 2015–2022 (USD Million)
Table 39 Acids Market Size in Other Food & Beverage Applications, By Type, 2015–2022 (KT)
Table 40 Organic Acids Market Size in Feed, By Sub-Application, 2015–2022 (USD Million)
Table 41 Market Size in Feed, By Sub-Application, 2015–2022 (KT)
Table 42 Organic Acids Market Size in Livestock Feed, By Sub-Application, 2015–2022 (USD Million)
Table 43 Market Size in Livestock Feed, By Sub-Application, 2015–2022 (KT)
Table 44 Organic Acids Market Size in Feed, By Type, 2015–2022 (USD Million)
Table 45 Market Size in Feed, By Type, 2015–2022 (KT)
Table 46 Organic Acids Market Size in Livestock Feed, By Type, 2015–2022 (USD Million)
Table 47 Market Size in Livestock Feed, By Type, 2015–2022 (KT)
Table 48 Organic Acids Market Size in Swine Feed, By Type, 2015–2022 (USD Million)
Table 49 Market Size in Swine Feed, By Type, 2015–2022 (KT)
Table 50 Organic Acids Market Size in Cattle Feed, By Type, 2015–2022 (USD Million)
Table 51 Market Size in Cattle Feed, By Type, 2015–2022 (KT)
Table 52 Organic Acids Market Size in Poultry Feed, By Type, 2015–2022 (USD Million)
Table 53 Market Size in Poultry Feed, By Type, 2015–2022 (KT)
Table 54 Organic Acids Market Size in Aquafeed, By Type, 2015–2022 (USD Million)
Table 55 Market Size in Aquafeed, By Type, 2015–2022 (KT)
Table 56 Organic Acids Market Size in Other Livestock Feed Applications, By Type, 2015–2022 (USD Million)
Table 57 Market Size in Other Livestock Feed Applications, By Type, 2015–2022 (KT)
Table 58 Organic Acids Market Size in Companion Animal Feed, By Type, 2015–2022 (USD Million)
Table 59 Market Size in Companion Animal Feed, By Type, 2015–2022 (KT)
Table 60 Organic Acids Market Size in Pharmaceuticals, By Type, 2015–2022 (USD Million)
Table 61 Market Size in Pharmaceuticals, By Type, 2015–2022 (KT)
Table 62 Organic Acids Market Size in Industrial Applications, By Type, 2015–2022 (USD Million)
Table 63 Market Size in Industrial Applications, By Type, 2015–2022 (KT)
Table 64 Organic Acids Market Size, By Region, 2015-2022 (USD Million)
Table 65 Market Size, By Region, 2015-2022 (KT)
Table 66 North America: Organic Acids Market Size, By Country, 2015-2022 (USD Million)
Table 67 North America: Market Size, By Country, 2015-2022 (KT)
Table 68 North America: Organic Acids Market Size, By Type, 2015–2022 (USD Million)
Table 69 North America: Market Size, By Type, 2015–2022 (KT)
Table 70 U.S.: Organic Acids Market Size, By Type, 2015–2022 (USD Million)
Table 71 U.S.: Market Size, By Type, 2015–2022 (KT)
Table 72 Canada: Organic Acids Market Size, By Type, 2015–2022 (USD Million)
Table 73 Canada: Market Size, By Type, 2015–2022 (KT)
Table 74 Mexico: Organic Acids Market Size, By Type, 2015–2022 (USD Million)
Table 75 Mexico: Market Size, By Type, 2015–2022 (KT)
Table 76 South America: Organic Acids Market Size, By Country, 2015-2022 (USD Million)
Table 77 South America: Market Size, By Country, 2015-2022 (KT)
Table 78 South America: Organic Acids Market Size, By Type, 2015–2022 (USD Million)
Table 79 South America: Market Size, By Type, 2015–2022 (KT)
Table 80 Brazil: Organic Acids Market Size, By Type, 2015–2022 (USD Million)
Table 81 Brazil: Market Size, By Type, 2015–2022 (KT)
Table 82 Argentina: Organic Acids Market Size, By Type, 2015–2022 (USD Million)
Table 83 Argentina: Market Size, By Type, 2015–2022 (KT)
Table 84 Rest of South America: Organic Acids Market Size, By Type, 2015–2022 (USD Million)
Table 85 Rest of South America: Market Size, By Type, 2015–2022 (KT)
Table 86 Europe: Organic Acids Market Size, By Country, 2015–2022 (USD Million)
Table 87 Europe: Market Size, By Country, 2015–2022 (KT)
Table 88 Europe: Organic Acids Market Size, By Type, 2015–2022 (USD Million)
Table 89 Europe: Market Size, By Type, 2015–2022 (KT)
Table 90 Germany: Organic Acids Market Size, By Type, 2015–2022 (USD Million)
Table 91 Germany: Market Size, By Type, 2015–2022 (KT)
Table 92 France: Organic Acids Market Size, By Type, 2015–2022 (USD Million)
Table 93 France: Market Size, By Type, 2015–2022 (KT)
Table 94 U.K.: Organic Acids Market Size, By Type, 2015–2022 (USD Million)
Table 95 U.K.: Market Size, By Type, 2015–2022 (KT)
Table 96 Rest of Europe: Organic Acids Market Size, By Type, 2015–2022 (USD Million)
Table 97 Rest of Europe: Market Size, By Type, 2015–2022 (KT)
Table 98 Asia-Pacific: Organic Acids Market Size, By Country, 2015–2022 (USD Million)
Table 99 Asia-Pacific: Market Size, By Country, 2015–2022 (KT)
Table 100 Asia-Pacific: Organic Acids Market Size, By Type, 2015–2022 (USD Million)
Table 101 Asia-Pacific: Market Size, By Type, 2015–2022 (KT)
Table 102 China: Organic Acids Market Size, By Type, 2015–2022 (USD Million)
Table 103 China: Market Size, By Type, 2015–2022 (KT)
Table 104 India: Organic Acids Market Size, By Type, 2015–2022 (USD Million)
Table 105 India: Market Size, By Type, 2015–2022 (KT)
Table 106 Japan: Organic Acids Market Size, By Type, 2015–2022 (USD Million)
Table 107 Japan: Market Size, By Type, 2015–2022 (KT)
Table 108 Rest of Asia-Pacific: Organic Acids Market Size, By Type, 2015–2022 (USD Million)
Table 109 Rest of Asia-Pacific: Market Size, By Type, 2015–2022 (KT)
Table 110 RoW: Organic Acids Market Size, By Region, 2015-2022 (USD Million)
Table 111 RoW: Market Size, By Region, 2015-2022 (KT)
Table 112 RoW: Organic Acids Market Size, By Type, 2015–2022 (USD Million)
Table 113 RoW: Market Size, By Type, 2015–2022 (KT)
Table 114 Africa: Organic Acids Market Size, By Type, 2015–2022 (USD Million)
Table 115 Africa: Market Size, By Type, 2015–2022 (KT)
Table 116 Middle East: Organic Acids Market Size, By Type, 2015–2022 (USD Million)
Table 117 Middle East: Market Size, By Type, 2015–2022 (KT)

List of Figures

Figure 1 Market Segmentation
Figure 2 Organic Acids Market Segmentation, By Application
Figure 3 Market Segmentation, By Region
Figure 4 Organic Acids: Research Design
Figure 5 Breakdown of Primary Interviews: By Company Type, Designation & Region
Figure 6 Population Growth Trend, 1950–2050 (Billion)
Figure 7 Middle-Class Population in Asia-Pacific is Projected to Grow Rapidly By 2030
Figure 8 GDP Growth (%) Annual Percent Change, 2016
Figure 9 Market Size Estimation Methodology: Bottom-Up Approach
Figure 10 Market Size Estimation Methodology: Top-Down Approach
Figure 11 Market Breakdown & Data Triangulation
Figure 12 Asia-Pacific and Europe are Projected to Be the Fastest-Growing Regions in the Global Organic Acids Market From 2017 to 2022
Figure 13 Organic Acids Market Snapshot, By Type, 2017 vs 2022 (USD Million)
Figure 14 Market Snapshot, By Application, 2017 vs 2022 (USD Million)
Figure 15 Key Players Adopted New Product Launches as the Key Strategy From 2012 to 2017
Figure 16 Organic Acids Market: Emerging Market With Promising Growth Potential
Figure 17 Asia-Pacific Accounted for the Largest Share in the Organic Acids, By Type Market, 2016
Figure 18 Acetic Acid Accounted for the Largest Share in the Asia-Pacific Organic Acids Market, By Type, in 2016
Figure 19 Organic Acids Market in Asia-Pacific has Reached the Maturity Stage
Figure 20 Organic Acids Market, By Type
Figure 21 Market, By Application
Figure 22 Market, By Region
Figure 23 Organic Acids Market: Drivers, Restraints, Opportunities & Challenges
Figure 24 Food & Beverages to Dominate the Market for Organic Acid Applications Through 2022 (USD Million)
Figure 25 North American Organic Acids Market: A Snapshot
Figure 26 European Organic Acids Market: A Snapshot
Figure 27 Asia-Pacific Organic Acids Market: Snapshot
Figure 28 Competitive Leadership Mapping
Figure 29 Cargill: Company Snapshot
Figure 30 E. I. Dupont De Nemours & Company: Company Snapshot
Figure 31 BASF SE: Company Snapshot
Figure 32 The DOW Chemical Company: Company Snapshot
Figure 33 Archer Daniels Midland Company: Company Snapshot
Figure 34 Eastman Chemical Company: Company Snapshot
Figure 35 Corbion N.V.: Company Snapshot
Figure 36 Koninklijke DSM N.V.: Company Snapshot
Figure 37 Tate & Lyle: Company Snapshot
Figure 38 Polynt-Reichhold: Company Snapshot

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